421 Hart St Brooklyn, NY 11221
- Commercial real estate
- 6,968 SF
Current Use by Public Records
- Commercial real estate
Property Details for 421 Hart St
- Property size
- 6,968 SF
- Property type
- Commercial real estate
Description
This exceptional retail property, located at 421 Hart Street in Brooklyn, New York, presents a unique investment opportunity. The 6,968 square foot space is situated on a 2,000 square foot mid-block lot boasting 20 feet of frontage. The property is zoned C4-4L, allowing for a variety of retail uses. The thoughtfully designed layout includes private outdoor spaces, maximizing functionality and appeal. Comparable condominium sales in the neighborhood have recently exceeded $1,000 per square foot, indicating strong market value and potential for significant return on investment. This prime location within the rapidly developing Bedford-Stuyvesant neighborhood offers easy access to a vibrant community with numerous restaurants, shops, and other amenities. The property's convenient location is further enhanced by its proximity to public transportation, just three blocks from the Myrtle Avenue J, M, and Z subway lines, and served by nearby B46 and B47 bus routes. This is an exceptional chance to acquire a thriving retail space in a high-growth area of Brooklyn. The asking price is $1,750,000. The property's strategic location and well-designed layout make it an ideal investment for discerning buyers seeking a strong foothold in a flourishing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9332997
- Latitude
- 40.6951579
